An Estimate of the Basic Income Costs: Case of the Czech Republic

Petr ?pecián () and Jitka Melzochová ()
Additional contact information
Petr ?pecián: University of Economics, Prague
Jitka Melzochová: University of Economics, Prague

No 2204982, Proceedings of Economics and Finance Conferences from International Institute of Social and Economic Sciences

Abstract: The paper examines existing basic income proposals and estimates the costs of their implementation within the Czech Republic. The specific virtues and vices of a basic income guarantee compared to existing social security systems are discussed and the specific context of the Czech Republic considered. The paper provides elementary cost estimates of application of basic income schemes that were proposed originally for other European countries, Spain and Ireland. The cost of the present social security system as well as an extreme ?libertarian? basic income scheme provide benchmarks for the preliminary evaluation of the financial feasibility of basic income for the Czech Republic.

Keywords: Basic income; the Czech Republic; social security; cost-benefit analysis (search for similar items in EconPapers)
JEL-codes: D30 H50 (search for similar items in EconPapers)
Pages: 1 page
Date: 2015-09
References: Add references at CitEc
Citations:

Published in Proceedings of the Proceedings of the 4th Economics & Finance Conference, London, Sep 2015, pages 54-54

Downloads: (external link)
https://iises.net/proceedings/4th-economics-financ ... =22&iid=054&rid=4982 First version, 2015

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sek:iefpro:2204982

Access Statistics for this paper

More papers in Proceedings of Economics and Finance Conferences from International Institute of Social and Economic Sciences
Bibliographic data for series maintained by Klara Cermakova ().